Any person entering or leaving the territory of the Principality who is in possession of cash or bearer instruments of a total value of more than EUR 10,000 is required to report them to the Police Department.
Understanding the process
In accordance with the Act no. 1.362 of 03 August 2009 pertaining to the fight against money laundering and the financing of terrorism and corruption (See Act no. 1.462 of 28 June 2018 and Act no.1.503 of 23 December 2020), any person entering or leaving the territory of the Principality who is in possession of cash or bearer instruments of a total value of more than EUR 10,000 is required to report them to the Police Department, in writing or electronically, using the form provided.
The following are considered bearer instruments:
- Negotiable bearer instruments, such as traveller's cheques
- Other negotiable instruments, including cheques, promissory bills and money orders, which are:
- Either endorsable without restriction
- Or made out to a fictitious payee or in a form that transfers ownership of the instrument upon its surrender
To get this form you can either:
- Download it here:
- Or collect it from Monaco Police Department
The completed form can be sent by e-mail to the following address: declaration-transport-especes@gouv.mc
Alternatively, the form can be given to a representative of the Police Department or sent by post to the following address:
Direction de la Sûreté Publique
BP555
98015 Monaco Cedex
In accordance with the Article 72 of the Act no. 1.362 of 03 August 2009, amended, the absence of a declaration or a false declaration is punishable by a fine equal to half of the sum, without prejudice to the possible seizure and confiscation of the cash or bearer instruments.